Everus Construction Group (ECG) stock expected to rise by 67.91%: What’s driving the optimism?

Currently, Everus Construction Group [ECG] is trading at $40.20, up 0.60%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ECG shares have gain 6.38% over the last week, with a monthly amount drifted -13.70%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Everus Construction Group [NYSE: ECG] stock has seen the most recent analyst activity on December 04, 2024, when Oppenheimer initiated its Outperform rating and assigned the stock a price target of $70. On November 15, 2024, Stifel initiated with a Buy rating and assigned a price target of $71 on the stock. DA Davidson started tracking the stock assigning a Neutral rating and suggested a price target of $55 on November 04, 2024.

This stock has fluctuated between a low of $36.96 and a high of $77.93 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $67.5 within the next 12 months. Everus Construction Group [NYSE: ECG] shares were valued at $40.20 at the most recent close of the market. An investor can expect a potential return of 67.91% based on the average ECG price forecast.

Analyzing the ECG fundamentals

Trailing Twelve Months sales for Everus Construction Group [NYSE:ECG] were 2.85B which represents 19.49% growth. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.35 and Total Capital is 0.25. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.86.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 39.27 points at the first support level, and at 38.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 41.06, and for the 2nd resistance point, it is at 41.93.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Everus Construction Group [NYSE:ECG] is 1.79. Further, the Quick Ratio stands at 1.70, while the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 0.72, the price to book ratio is 4.85 and price to earnings (TTM) ratio is 14.29.

Transactions by insiders

Recent insider trading involved Marcy Maximillian J, VP, CFO & Treasurer, that happened on Feb 25 ’25 when 1300.0 shares were purchased. Director, Ryan Edward A completed a deal on Feb 25 ’25 to buy 1400.0 shares. Meanwhile, Director DELLA ROCCA MICHAEL bought 1050.0 shares on Feb 18 ’25.

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